Govt’s Focus is to Lower The Cost of Power Through Renewable Energy Resources

Minister for Energy, Omar Ayub Khan, on Monday, said that the prime focus of the government is to lower the cost of power generation by increasing renewable energy resources.

He said, “The sustainable and affordable structure of energy tariffs will be beneficial for the positive economic trajectory of the country.” He expressed these views during his meeting with the newly appointed Ambassador of China to Pakistan, Nong Rong.

According to a news report, CPEC Authority Chairman Lt. Gen. (Retd) Asim Saleem Bajwa, Special Assistant to Prime Minister on Power, Tabish Gouhar, and Secretary Power, Ali Raza Bhutta, were also present in the meeting.


China Acknowledges Major Progress in CPEC Projects

During the meeting, both sides reviewed the progress of the power projects under the China Pakistan Economic Corridor (CPEC) and agreed to continue the cooperation in the field of energy.

The minister highlighted the provision of power and energy for the establishment of Special Economic Zones (SEZs) and said that it would help boost economic activity along with the creation of thousands of new jobs in the country.

Omar Ayub also apprised the envoy regarding the initiatives taken by the government to curb the distribution and transmission losses in the power sector.

The Chinese ambassador appreciated the government’s commitment to reform the energy sector. He remarked that China was keen to work with Pakistan in the field of energy, including power projects under CPEC.

He thanked and appreciated the efforts of Pakistan’s government and the Ministry of Energy to expedite the progress of power projects under CPEC.

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